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Lodging and Hospitality
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Tierra Firma Condo's - 4643 Hwy 192, Kissimmee,
FL 34746
|
| Property Type: Land |
Multifamily (land) |
| |
|
| Lot Size: 3.90 Acres |
|
| Price: $2,600,000 |
Price/Acre: $666,666.62 |
| Property Description: The U.S. Hwy. 192
BeautiVacation Project is a major public/private initiative
that is changing the tourist corridor's image, resulting
in a more tourist friendly and economically viable area.
Phase I: The city has completed in the area improvements
valued at $4.3 million. Phase II: Estimated value of $25
million. 4 Miles to Disney's Maingate and all the New
Major developments. Similar projects sell for $35 - $45,000
per Unit in the area. |
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Cortez Beth Wendy/VLT - Cortez Blvd w. of Suncoast
Parkway, Spring Hill, FL 34601
|
| Property Type: Land |
Commercial/Other (land) |
| Lot Size: 8.00 Acres |
|
| |
|
| Price: $2,800,000 |
Price/Acre: $350,000.00 |
| Property Description: 8 acres on Cortez
(SR50) Blvd. Near Pinebrook Medical Center. Fast growing
area of SR50. New Shopping cenetr planned on 21 acres
across SR50 from subject property. Level and easy to build
on. Sewer and Water at the site. 400 x 850. Great location
for Hotel/Motel/medical offices or Rest. 33,000 cars per
day with 3156 during peak hour. |
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Waterfront Commercial Property - 3318 Shell
Point Road, Ruskin, FL 33570
|
| Property Type: Land |
Commercial/Other (land) |
| Lot Size: 23,334 SF |
|
| |
|
| Price: $2,800,000 |
Price/Acre: $5,227,050.50 |
| Property Description: Over 100 ft. on the
water, 1/2 double lot, 2 homes, 2 apartments and Key West
style Restaurant. AP $24,000 yr. rents. Appointment only!
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4200 N. Tamiami Trail - Sarasota, FL 34234
|
Property Type:
Lodging & Hospitality |
Full Service |
| No. Rooms: 36 |
|
| |
Cap Rate: 15.60% |
| Price: $2,950,000 |
Price/Room: $81,944.44 |
| Property Description: REDUCED PRICE FOR
RAPID SALE. Same owner/11 years, wants out now. Professional
appraisal shows $4.1 value, motivated seller asking $3.2
- Great location on busy artery - Recent roof - New PVC
windows - 21 units have 1 separate bedroom/generating
higher income, 14 efficiencies, 1 large 2 BD, free-standing
office building - Unique property of exceptional quality.
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ECONOLODGE MAINGATE CENTRAL - 4669 W. Irlo Bronson
Hwy, Kissimmee, FL 34746
|
Property Type:
Lodging & Hospitality |
Economy/Limited Service |
| No. Rooms: 100 |
|
| Building Size: 42,016 SF |
Year Built: 1984 |
| Price: $3,300,000 |
Price/Room: $33,000.00 |
| Property Description: 100 rooms (99 rentable)
in two, 2 story, exterior corridor guest room buildings
built in 1984 and 1985 on 5.049 acres of fee simple land.
Great frontage (450'), exposure and visibility on newly
expanded and widened Irlo Bronson Hwy (US Hwy 192), just
east of Walt Disney World, EPCOT Center, MGM Studios,
Downtown Disney, Pleasure Island and all the fun that
Central Florida has to offer. Brand new roof as of September
2005. On site laundry and guest laundry. Ample on grade
parking for 92 cars. Approximately 1.75 acres of suplus
land available for expansion or for a C-store or restaurant.
2005 room sales of roundly $700,000, an increase over
2004. Below market seller financing may be available to
a qualified, credit worthy buyer at terms to be determined.
Institutional, bank owned. Zoned for 227 rooms, so an
additional 128 rooms can be added with ample room for
expansion. |
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Thriftlodge - 4624 W Irlo Bronson Memorial HWY,
Kissimmee, FL 34746
|
Property Type:
Lodging & Hospitality |
Economy/Limited Service |
| No. Rooms: 80 |
Cap Rate: 11.00% |
| Building Size: 34,868 SF |
Year Built: 1984 |
| Price: $3,449,000 |
Price/Room: $43,112.50 |
| Property Description: Condo conversion
opportunity! The process has started for this property
on being converted. Excellent location off U.S. 192 for
lodging. Only 5 miles away from DISNEY! This Thriftlogde
was recently renovated with new lobby, roof, ext. paint,
etc.... Price will change as the conversion comes to a
complete!!!! Market will bear $75,000 to $100,000 per
unit... |
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Hibiscus House Bed & Breakfast- Downtown - 213
Rosemary Avenue, West Palm Beach, FL 33401
|
| Property Type: Land |
Commercial/Other (land) |
| Lot Size: 13,300 SF |
|
| |
|
| Price: $3,700,000 |
Price/Acre: $12,118,196.00 |
| Property Description: Two (2) 2-story historic
Bed and Breakfast with ten richly appointed rooms in the
heart of downtown West Palm Beach, Florida. Value enhancement
is in redevelopment/assemblage of 13,300sf. commercial
mixed use land. |
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Oasis Inn - 4736 W Irlo Bronson Memorial Hwy
(Highway 192), Kissimmee, FL 34746
|
| Property Type: Lodging & Hospitality |
Economy/Limited Service |
| Building Size: 56,942 SF |
|
| Year Built: 1984 |
|
| Price: $3,750,000 |
Price/SF $65.86 |
| Property Description: This Independent
property sits on a prime corner on Highway 192. Priced
at $30,000 per key, ideal for condo conversion or requires
an aggressive operator to reposition the property. Transaction
includes vacant land parcel for future expansion of hotel
or condos. |
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Hotel/Condo - 2039 East Irlo Bronson Hwy, Kissimmee,
FL 34744
|
Property Type:
Lodging & Hospitality |
Economy/Limited Service |
| No. Rooms: 112 |
|
| Building Size: 30,912 SF |
Year Built: 1987 |
| Price: $3,900,000 |
Price/Room: $34,821.43 |
| Property Description: This property is
Hotel/Condo, 112 rooms, 56 Suites, Pad poured for additional
70 rooms or 35 suites. New owner could operate as hotel
or sell off condo units. Suites have kitchens,equipped
with refrigertor,oven/microwave,coffee maker,toaster,
pots and pans. Courtyard with Gazebo, heated swimming
pool, Jacuzzi, game room. Inside corridors. Rooms have
either king sized or two double beds. The combination
of the studio and guest room makes a spacious two room
suite for up to four guests. Reserve your place in the
Sun. |
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Hernando Beach Motel & Condos - 4291 Shoal Line
Blvd, Hernando Beach, FL 34607
|
Property Type:
Lodging & Hospitality |
Economy/Limited Service |
| No. Rooms: 9 |
|
| Building Size: 1,980 SF |
Year Built: 1976 |
| Price: $4,000,000 |
Price/Room: $444,444.44 |
| Property Description: Two properties for
sale. Motel with 4 efficiencies,one,1 bdrm.1 bath, 1 two
bdrm. 1 bath,one and a 3 chair hair salon. On canal with
direct Gulf access and 19 boat slips. Property size is
.81 acres, with 244 ft. frontage on canal. The other property
is Condo's,also on a canal with direct Gulf access and
12 boat slips. There are 4 two bdrm. 2 bath and 1 three
bdrm. 2 bath condo's. Also heated pool and a laundry rm.
and large storage rm. Property size is .52 acre. Both
properties are zoned C2 and are in flood zone A. |
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Former Howard Johnson Motel - Lakeland, Lakeland,
FL 33801
|
Property Type:
Lodging & Hospitality |
Economy/Limited Service |
| No. Rooms: 200 |
|
| Building Size: 86,000 SF |
Cap Rate: 10.00% |
| Price: $4,000,000 |
Price/Room: $20,000.00 |
| Property Description: The hotel/motel have
200 room / meeting room / Restaurant that will open 88
room first and balance will be open within 3-4 month and
cross street is shopping center and the income is project
only and seller will pay 5% commission or refer fee to
any one that bring the buyer and upon close escrow. Note:
This property is under approx 70 years ground lease, but
the land may be for sale approx $1,300,000. anyway make
offer and if ADR is $60 then the price shall be $6,000,000.
to 10,000,000. that base on 200 room all open for business
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Knights Inn Motel Sarasota - 5340 N. Tamiami
Trail, Sarasota, FL 34234
|
Property Type:
Lodging & Hospitality |
Full Service |
| No. Rooms: 48 |
|
| Building Size: 21,875 SF |
Year Built: 1973 |
| Price: $4,200,000 |
Price/Room: $87,500.00 |
| Property Description: Knights Inn Motel
located 1/4 mile S. of the Sarasota/Bradenton Airport.
48 Rooms [20 king non-smoking, 4 king smoking, 11 double
non-smoking, 13 double smoking. (6 double suites and 1
king suite)] Close proximity to New College, USF Sarasota,
FSU Sarasota, Ringling School of Art & Design, Ringling
Museum, Beaches, St. Armands Circle and minutes from downtown
Sarasota. 64 parking spaces. 3 Bedroom owner Suite. Projected
2005 gross income of $410K. (this information has been
provided by seller, does not guarantee accuracy) Lot Dimensions
(square footages are approximate): 263.96 x 301.17 x 246.10
x 302.12 |
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Quality Inn - 4800 tamiami, sarasota, FL 34234
|
Property Type:
Lodging & Hospitality |
Economy/Limited Service |
| No. Rooms: 81 |
Cap Rate: 10.19% |
| Building Size: 22,000 SF |
Year Built: 1992 |
| Price: $4,600,000 |
Price/Room: $56,790.12 |
| Property Description: An opportunity exists
in that an investor can come in at below replacement cost
to a fully renovated property. This hotel is also located
5 minutes from the beaches and downtown Sarasota. |
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Cup Handle - US 27 & I-4, Davenport, FL 33896
|
| Property Type: Land |
Commercial/Other (land) |
| Lot Size: 4.60 Acres |
|
| |
|
| Price: $4,600,000 |
Price/Acre: $1,000,000.00 |
| Property Description: Zoning is RAC (Regional
Activity Center) 4.6 Acres located north of the intersection
of I-4 & US 27. Cracker Barrel, McDonalds & others within
a 1/4 mile. Property can be subdivided. |
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Indepenent (Exclusive Broker) - 3651 W. Blue
Heron Boulevard, Riviera Beach, FL 33404
|
Property Type:
Lodging & Hospitality |
Economy/Limited Service |
| No. Rooms: 116 |
|
| Building Size: 62,000 SF |
Year Built: 1989 |
| Price: $4,850,000 |
Price/Room: $41,810.34 |
| Property Description: Limited Service Motel.
Two Story. Exterior Corridor. Built 1989. Reposition as
a National Brand. High Barrier to Entry Market with High
Average Daily Rate. |
|
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Gulf Front Motel - Nokomis, Nokomis, FL 34275
|
Property Type:
Lodging & Hospitality |
Economy/Limited Service |
| No. Rooms: 11 |
|
| Building Size: 7,000 SF |
Year Built: 1949 |
| Price: $4,900,000 |
Price/Room: $445,454.55 |
| Property Description: Gulf front motel
in located directly on Casey Key Beach! Fantastic fishing,
beach walking & bay on other side of street. All apartments
have fully equipped kitchens, phones,furnished nicely
with plenty of parking. Hot tub, laundry facilities, shuffleboard,
barbeque grills & private beach. |
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Interstate Hotel - 1205 - Tampa, Tampa, FL 33605
|
Property Type:
Lodging & Hospitality |
Economy/Limited Service |
| No. Rooms: 175 |
Cap Rate: 11.00% |
| |
Year Built: 1970 |
| Price: $5,650,000 |
Price/Room: $32,285.71 |
| Property Description: This is a highly
active property is located on a major interstate highway.
Property is limited service, offering a breakfast restaurant,
a sports bar and lounge seating 45, as well as Guest Laundry
facilities, almost Olympic sized pool and a recreation
and playground area for the children. Rooms feature remote
control color TVs with cable (and free HBO, ESPN and CNN).
Additionally, the hotel features a pool side Tiki bar,
conference rooms, business and work zone rooms, plus truck
and RV parking. Located between two busy interstate exits,
the hotel benefits from being located within 45 minutes
of all major central Florida and west central Florida
tourist attractions. This property is showing increasing
growth, as indicated by the nearly $100,000 increase in
room sales in 2005 over 2004. The area is one of Florida
s booming economic stars. This property s revenues and
value are being driven by the high pressure economic development
that continues unabate |
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Casey Key Sarasota County Motel - 221 Casey
Key Rd, Nokomis, FL 34275
|
Property Type:
Lodging & Hospitality |
Economy/Limited Service |
| No. Rooms: 17 |
|
| Building Size: 6,186 SF |
Year Built: 1111 |
| Price: $5,900,000 |
Price/Room: $347,058.82 |
| Property Description: 17 Unit Beach-to-Bay
Motel on Prestigious Casey Key in Sarasota County, FL.
with condo conversion possibilities. Located directly
on the Gulf of Mexico & has its own sandy white beach.
This retro motel has super clean rooms & has tons of charm.
Four boat slips are located on the Bay side of the property
with very easy access to the Gulf. Very large property
at 1.30 acres Gulf-to-Bay with water views from most rooms.
Come check out this hot property now before it is gone.
There are not a lot of Beach-Front Motels left in the
Sarasota area. Full Offering Memorandum available.. |
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Sarasota County Beach Resort - 117&118 Casey
Key Rd, Nokomis, FL 34275
|
Property Type:
Lodging & Hospitality |
Economy/Limited Service |
| No. Rooms: 14 |
|
| Building Size: 7,637 SF |
Year Built: 1975 |
| Price: $5,900,000 |
Price/Room: $421,428.57 |
| Property Description: Super Gulf to bay
resort located on prestigious Casey Key Island in Sarasota
County Florida with condo conversion possibilities. This
updated and charming Beach Resort is currently a 14 unit
motel with 5 boat slips. This resort is located directly
on the Gulf of Mexico and includes a pool with Jacuzzi
on the bay side of the property. Highest and best use
would be speculative conversion into condominiums or two
single-family residences. |
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Park Avenue Inn - 240 Park Avenue, Palm Beach,
FL 33480
|
Property Type:
Lodging & Hospitality |
Economy/Limited Service |
| No. Rooms: 29 |
|
| Building Size: 16,000 SF |
Year Built: 1987 |
| Price: $6,000,000 |
Price/Room: $206,896.55 |
| Property Description: 29 Units Inn, ready
for motel condo conversion or redevelopment. Great Location
on the exclusive Island of West Palm Beach. |
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Lakeland Hotel - Lakeland Hotel/Inn, Lakeland,
FL 33801
|
Property Type:
Lodging & Hospitality |
Economy/Limited Service |
| No. Rooms: 266 |
Cap Rate: 10.00% |
| Building Size: 116,100 SF |
Year Built: 1975 |
| Price: $6,000,000 |
Price/Room: $22,556.39 |
| Property Description: The property has
266 rooms/Restaurant/Bar/Meeting room/ etc...........
across the street is a shopping center at a busy street,
above the $6,000,000. price only for now and AS IS condition,
if 266 room all open the price go up to 12M and 5% commission
or refer fee to selling agent or any one bring the buyer
and upon close escrow Thank You Note: This property is
under approx 70 years ground lease, but the land may be
for sale approx. $1,888,000. or more anyway make offer
and the income "project only" will open soon and if the
ADR is $60 the sale price may go up to $10,000,000. -
$12,000,000. upon 266 room all open for business . |
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International Drive Area - Off International
Drive, Orlando, FL 32819
|
Property Type:
Lodging & Hospitality |
Economy/Limited Service |
| No. Rooms: 100 |
|
| Building Size: 40,000 SF |
|
| Price: $6,200,000 |
Price/Room: $62,000.00 |
| Property Description: Excellent Location,
near all attractions, Hotel has just gone under total
renovation both inside and outside including new swimming
pool. |
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Citrus Sun Club - 20390 US Hwy 27, Clermont,
FL 34711
|
Property Type:
Lodging & Hospitality |
Full Service |
| No. Rooms: 180 |
|
| Building Size: 185,000 SF |
|
| Price: $6,495,000 |
Price/Room: $36,083.33 |
| Property Description: Buildings: Lobby
with Restaurant & Lounge (200 seats), Banquet space 9K
sq ft (capacity: 400), (2) story poolside building-exterior
corridor rooms (126). Additional (3) story building, exterior
corridor (54 rooms). Great hotel location (or) Condo-Conversion
|
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Days Inn - 2500 - 33rd Street, Orlando, FL 32839
|
Property Type:
Lodging & Hospitality |
Economy/Limited Service |
| Building Size: 97,626 SF |
|
| |
Year Built: 1973 |
| Price: $6,900,000 |
Price/SF $70.68 |
| Property Description: This Property was
completely renovated in 2005 and reopened for business
in March 2005. Priced at $34,000 per key and is in need
of a motivated aggressive operator to benefit from its
prominent location and tremendous upside potential. |
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Hotel Pads at MetroCentre in West Palm Beach -
2441 Metrocentre Boulevard, West Palm Beach, FL 33407
|
| Property Type: Land |
Commercial/Other (land) |
| Lot Size: 5.28 Acres |
|
| |
|
| Price: $7,175,000 |
Price/Acre: $1,358,901.50 |
| Property Description: This parcel in approved
for hotel within CPUD zoning and the Metrocentre Corporate
Park Declaration of Protective Covenants. A June 2005
traffic report verifies that a hotel development in excess
of 280 rooms falls within the vested traffic already allocated
to the park. The attached parcel plan and proposed hotel
layout meets the city of West Palm Beach parking requirements
for a hotel. |
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Independent Hotel - Vine Street (US 192), Kissimmee,
FL 34744
|
Property Type:
Lodging & Hospitality |
Economy/Limited Service |
| No. Rooms: 200 |
|
| Building Size: 70,000 SF |
Year Built: 1978 |
| Price: $7,200,000 |
Price/Room: $36,000.00 |
| Property Description: 200 Rooms all Interior
Coridor, would make excellent condo conversion with all
rooms faceing the pool area. There is a leased restaurant
and lounge at property. If you choose to keep the hotel
a hotel we have a couple of franchises we can approach.
|
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34 ACRES COMMERCIAL LADY LAKE - HWY 466, LADY
LAKE, FL 32159
|
| Property Type: Land |
Commercial/Other (land) |
| Lot Size: 34.00 Acres |
|
| |
|
| Price: $250,000.00/Acres |
|
| Property Description: PRIME COMMERCIAL
SITE AT THE VILLAGES! EXCELLENT LOCATION FOR OFFICE, RETAIL
MEDICAL OTHER SPECIAL PURPOSES. ROAD WIDENING IN PROGRESS
AS WELL AS WATER/SEWER ON BUSY 466 CORRIDOR. EASY ACCESS
TO BOTH TOWN CENTERS--SUPER TARGET- 26 GOLF COURSES AND
ALL THE VILLAGES HAS TO OFFER. |
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WATERFRONT AND GOLF COURSE - lake wales, lake
wales, FL 33898
|
| Property Type: Land |
Retail (land) |
| Lot Size: 172.00 Acres |
|
| |
|
| Price: $8,900,000 |
Price/Acre: $51,744.19 |
| Property Description: 172 ACRE GOLF AND
RESORT LOCATED IN CENTRAL FLORIDA. GOLF COURSE WAS DESIGNED
BY STILES AND VAN KLEET. THIS RESORT INCLUDES 18 HOLE
GOLF COURSE, PRO SHOP , AS WELL AS HUNDREDS OF FEET OF
WATER FRONT PROPERTY. A FORTY ACRE ORANGE GROVE IS ALSO
INCLUDED. |
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Kissimmee Land For Sale - John Young Blvd.,
Orlando/Kissimmee, FL 32819
|
Property Type:
Lodging & Hospitality |
Full Service |
| |
|
| |
|
| Price: $9,000,000 |
|
| Property Description: 25 Acres for either
Commerical or Residential Construction |
|
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Rodeway Inn - Disney World - 11% Cap. - 5995
Irlo Brunson Hwy 192, Kissimmee, FL 34747
|
Property Type:
Lodging & Hospitality |
Economy/Limited Service |
| No. Rooms: 200 |
Cap Rate: 11.00% |
| Building Size: 68,000 SF |
Year Built: 1983 |
| Price: $9,500,000 |
Price/Room: $47,500.00 |
| Property Description: Excellent cash flow
in a great location across from Disney's Celebration Development.
The property is located on 7+ acres. It has several commercial
leases that generate additional income. It has a gift
shop lease that pays $6,000 per month, Waffle house $3,500
per month, and Dollar rental Car is $1,000 per month.
|
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Fort Pierce Inlet - Seaway Drive and A1A, Fort
Pierce, FL 34949
|
| Property Type: Land |
Commercial/Other (land) |
| Lot Size: 1.87 Acres |
|
| |
|
| Price: $9,700,000 |
Price/Acre: $5,187,166.00 |
| Property Description: 1.87+/- acres of
undeveloped land |
|
|
|
Orlando National Flag Two hotels, - `2300 INTERNATIONAL
DRIVE, Orlando, FL 32819
|
Property Type:
Lodging & Hospitality |
Economy/Limited Service |
| No. Rooms: 240 |
|
| Year Built: 1976 |
|
| Price: $11,000,000 |
Price/Room: $45,833.33 |
| Property Description: The two national
flag each one has 120 rooms with 4acre of land on very
busy International drive in Orlando.The best use beside
running hotel, Condo Conversion potential.Details can
be available for qualifed buyer/investors. |
|
|
|
Hilton Garden Inn - International Drive, Orlando,
FL 32837
|
Property Type:
Lodging & Hospitality |
Full Service |
| No. Rooms: 110 |
|
| Building Size: 100,000 SF |
Year Built: 2007 |
| Price: $14,000,000 |
Price/Room: $127,272.73 |
| Property Description: This is an extremely
confidential listing. Property is going to be completed
by mid 2007. SitaRam Development group is proud to present
the sale of a turnkey Hilton Garden Inn to a qualified
operator or group. The exact location cannot be disclosed
at the current time, the property is in the orlando market
in a strong tourist area. |
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CentreCourt at MetroCentre - 2441 Metrocentre
Boulevard, West Palm Beach, FL 33407
|
| Property Type: Office |
Office Building |
| Building Size: 70,468 SF |
|
| Building Class: A |
|
| Parking Ratio: 3.53/1,000 SF |
Year Built: 2006 |
| |
Price: $235.00/SF |
| Property Description: Centrecourt at Metrocentre
is a Class A office/medical condominium facility located
in the heart of West Palm Beach within Metrocentre Corporate
Park. Centrecourt offers 530 feet of frontage on 45th
Street. Our proposed site plan calls for four buildings
to be constructed along 45th Street ranging in size from
8,151 to 18,241 square feet and two buildings measuring
8,133 and 10,855 square feet which front on Metrocentre
Boulevard. |
|
|
|
Major Franchise - Main Road, Orlando, FL 32819
|
Property Type:
Lodging & Hospitality |
Economy/Limited Service |
| No. Rooms: 250 |
|
| Building Size: 120,000 SF |
|
| Price: $18,000,000 |
Price/Room: $72,000.00 |
| Property Description: 250 Newley Renovated
rooms, near Convention Center |
|
|
|
Disney Area Hotel - US 192, Kissimmee/Orlando,
FL 32819
|
Property Type:
Lodging & Hospitality |
Economy/Limited Service |
| No. Rooms: 650 |
|
| Building Size: 300,000 SF |
|
| Price: $25,000,000 |
Price/Room: $38,461.54 |
| Property Description: This is a Hotel that
has excellent Location, and would be for Condo Conversion
or keep it as a major hotel in the area. Total Renovation
has been completed. |
|
|
|
Sundy House/Rectory Park - 20 W. Atlantic Avenue,
Delray Beach, FL 33483
|
| Property Type: Land |
Residential (land) |
| Lot Size: 6.87 Acres |
|
| |
|
| Price: $27,000,000 |
Price/Acre: $3,930,131.00 |
| Property Description: Downtown Delray Beach
Development - nearly 7 acres of land including historic
Sundy House and Rectory Park Retail Center plus several
out parcels. Development potential of up to a total of
84 units. Architectural renderings. Site surveys and master
plan summary available for review. |
|
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<< Take a look at more Hospitality Property
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INFORMATION
AND PRICES SUBJECT TO CHANGE WITHOUT NOTICE
Updated
March 2006
Hospitality and Lodging: Florida Commercial Real Estate
|
